BERTHOUD, Colo.--(BUSINESS WIRE)--BlackStar Energy Group, Inc. (BEGI) is pleased to announce that the
company has changed its name to “BlackStar Enterprise Group, Inc”
(“BlackStar”). The Board of Directors believes that the name change
better reflects our current business. Additionally, BlackStar has
elected new officers and directors: John Noble Harris, CEO, Todd H.
Lahr, President and Joseph E. Kurczodyna, CFO.

About BlackStar Enterprise Group, Inc.

BlackStar is engaged in Merchant Banking and Finance. BlackStar’s venue
is private early stage companies throughout various industries that
exhibit a potential for sustained growth. The Company is actively
seeking opportunity for discussions with revenue generating enterprises
for investment and financing. The officers and directors of BlackStar
have over 100 years of combined experience in corporate finance,
corporate management, and consulting. BlackStar is listed on the OTC
Pink under the symbol “BEGI”.

SEC Disclaimer

This press release contains forward-looking statements. The words or
phrases "would be," "will allow," "intends to," "will likely result,"
"are expected to," "will continue," "is anticipated," "estimate,"
"project," or similar expressions are intended to identify
"forward-looking statements." Actual results could differ materially
from those projected in BlackStar's ("the Company's") business plan. The
name change and appointment of new officers and directors should not be
construed as an indication in any way whatsoever of the future value of
the Company's common stock or its present or future financial condition.
The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov;
statements made herein are as of the date of this press release and
should not be relied upon as of any subsequent date. The Company
cautions readers not to place reliance on such statements. Unless
otherwise required by applicable law, we do not undertake, and we
specifically disclaim any obligation, to update any forward-looking
statements to reflect occurrences, developments, unanticipated events or
circumstances after the date of such statement.